Opening IRA to do backdoor Roth conversion

Anonymous
Previous employer's plan has $10,000 in it. I plan to open an IRA to do a backdoor Roth conversion. Is Vanguard or Schwab better? I am putting it all into an S&P indexed fund, so would I just go with whoever has lower fees?
Anonymous
Anonymous wrote:Previous employer's plan has $10,000 in it. I plan to open an IRA to do a backdoor Roth conversion. Is Vanguard or Schwab better? I am putting it all into an S&P indexed fund, so would I just go with whoever has lower fees?


Go with the brokerage where you have all your other accounts. Easier to manage.
post reply Forum Index » Money and Finances
Message Quick Reply
Go to: